Buy USD/JPY – 1H – BUY

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Additionally a ‘Bullish Belt Hold’ candlestick pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 159.452
Current Price 158.41900
Next Low 157.514
2nd Low 156.452
3rd Low 156.293

159.452 – 158.202 – 157.069 – 158.578 – 157.514 – 156.452 —
158.66800 – 158.59300 —
28.490983660725 – 43.913438640708 —
– —
159.45200 – 1768359600

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